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8400 Ferguson Farms Lane

8400 Ferguson Farms Lane, Monroe, NC 28110
Property in Union
Sold Jul 30, 2007
$951,500
$262,000 by First-citizens Bank & Trust Co
Mortgage
8400 Ferguson Farms Lane in Monroe, NC was first built in 2006 and is 18 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 8400 Ferguson Farms Lane has 4,177 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 343,253 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a hip style roof. For those who need parking, there is a attached garage. The garage is 818 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jul 13, 2007 for $951,500. That's $227.80 per sqft. 8400 Ferguson Farms Lane was last assessed in 2023. The total value of the property was assessed at $838,800. Specifically, the land the property is located on was valued at $157,000. While improvements on the property were assessed at a total of $681,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $5,522. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Roof Shape Type: Hip
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 818
  • Parking Space Count: 3
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 343,253
  • Total Building Area: 4,177
  • Building Area: 4,177
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 4,177
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FERGUSON FARMS
  • Land Acres: 7.88
  • Standard Land Use Code: Single family residential
  • Legal Description 1: #10 FERGUSON FARMS OPCI51

Ownership

  • Current Owner : SWAIN KENNETH A
  • Current Owner 2: SWAIN ROBIN M
  • Previous Owner : THE WILLIAMS CO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union County Public Schools
  • Census Tract: 020204

Zoning

  • Zoning: RA-40 FAIR

Geography

  • District: 8
  • Parcel: 08-084-001K
  • Municipality: GOOSE CREEK TWP
  • Latitude: 35.1617
  • Longitude: -80.4894

    Address

  • Full Address: 8400 Ferguson Farms Ln
  • Address - House Number: 8400
  • Address - Street Name: Ferguson Farms
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Monroe
  • Carrier Code: R014
  • 4-Digit Zip Code: 7115
  • Zip Code: 28110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,522
  • Tax Rate Code Area: 936

    Appraisal Valuation

  • Standard Deviation: 0.1427
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 83
  • Final Value: 1,462,457
  • High Value: 1,671,257
  • Low Value: 1,253,656

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $262,000
  • First Open Lien Mortgage Lender: FIRST-CITIZENS BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Jan 28, 2022
  • First Open Lien Mortgage Loan Amount: $262,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $838,800
  • Market Land Value: $157,000
  • Market Improvement Value: $681,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $838,800
  • Assessed Land Value: $157,000
  • Assessed Improvements Value: $681,800

    Sales

  • Current Sale Contract Date: Jul 13, 2007
  • Current Sale Recording Date: Jul 30, 2007
  • Current Sale Transaction ID: 1139767019
  • Current Sale Price: $951,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 0034069

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jul 30, 2007
  • First Mortgage Loan Amount: $748,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Aug 01, 2037

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Frequently Asked Questions

What neighborhood is 8400 Ferguson Farms Lane located in?
The 8400 Ferguson Farms Lane is a located in the neighborhood of Union in Fairview, Monroe.
What is the average sales price for listings in 8400 Ferguson Farms Lane?
The average sales price for units in 8400 Ferguson Farms Lane is $0 currently.

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